ECO-202-T3207 Macroeconomics 24EW3 4-1 quiz Gilberto wants to both purchase a new laptop and go Florida for spring break. The computer is priced at $1,299, and the vacation is priced at $750. He has only $1,537 in his checking account, so he cannot afford to purchase both. After much thought, Gilberto buys the laptop and writes a check for $1,299.

Role of Money	Medium of Exchange	Unit of Account	Store of Value
Gilberto can easily determine that the price of the laptop is more than the price of the vacation. Gilberto has $1,537 in his checking account. Gilberto writes a check for $1,299.